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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 54, Melrose Way, Grimsby is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 550 ft2 of internal area and sits on a 153 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 54, Melrose Way, Grimsby is £78,248 and the estimated rental value is £457 per month.
Melrose Way, Grimsby, DN37 is located within the DN37 postal district.
54, Melrose Way, Grimsby has a single entry in the Land Registry from May 2022 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 54, Melrose Way, Grimsby is in very good condition we estimate a sale value of £82,160 and a rental value of £479 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £72,770 and a rental value of £425 per month.
Over the last 12 months the sale value of 54 Melrose Way Grimsby has decreased by an estimated £1,125 (1.4%) and its rental value has increased by an estimated £20 per month (4.3%), giving an expected gross yield of 7%.
According to data from HM Land Registry, 54, Melrose Way, Grimsby sits on a plot of 153m2.
We have plot size data on 24 out of 37 other houses in the postcode and 54, Melrose Way, Grimsby sits on the 21st largest plot.
According to HM Land Registry, 54, Melrose Way, Grimsby was last sold on 26th May 2022 for £58,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2022, the market for similar properties has risen 102.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 54, Melrose Way, Grimsby within a radius of 560 metres over the last 2 years.
The most recent example is 16B, Wingate Road, Grimsby, DN37 9DN, a freehold house which sold for £59,000 on the 17th December 2017.
Read more about house prices in DN37.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melrose Way, Grimsby, DN37 has a total of 78 addresses. According to our analysis of all the public data, 54, Melrose Way, Grimsby is the 57th largest and the 56th most expensive property on the street.
When compared to the postcode district it is £136k less expensive than the average property in DN37.
The closest station to 54, Melrose Way, Grimsby is Great Coates station which is 500 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 54, Melrose Way, Grimsby, 43.6% of property is socially rented and 24.2% is privately rented.
The graph below shows how this compares to Yorkshire and The Humber and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 54, Melrose Way, Grimsby, 27.0% of residents are recorded as possessing school level qualifications and 10.0% as possessing degree level qualifications.
The graph below shows how this compares to Yorkshire and The Humber and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 54, Melrose Way, Grimsby, the average age was 43.4 and the most common age was 57.
The graph below shows how this compares to Yorkshire and The Humber and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 54, Melrose Way, Grimsby, 0.0% of property was a second home.
Comparison figures for Yorkshire and The Humber and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 54, Melrose Way, Grimsby, there are an average of 0.7 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.
